Sereniteeth: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Sereniteeth
Largest movements
- Cash +€5,620
up €5,620 (+7.1%), from €79,398 to €85,018
mainly Net result for the year (+€48,480) and Trade debts (+€11,959)
- Receivables within one year +€5,345
up €5,345 (+229.6%), from €2,328 to €7,673
- Profit (loss) carried forward +€13,480
up €13,480 (+24.1%), from €55,891 to €69,371
- Trade debts +€11,959
up €11,959 (+142.6%), from €8,386 to €20,345
- Other debts -€11,346
down €11,346 (-76.6%), from €14,803 to €3,456
- Tax, wage and social debts -€3,323
no longer reported in 2025 (was €3,323)
- Taxes +€29,853
up €29,853 (+1886.7%), from €1,582 to €31,435
- Gross operating margin +€26,104
up €26,104 (+44.7%), from €58,401 to €84,506
- Financial charges +€1,003
up €1,003 (+77.1%), from €1,301 to €2,303
- Other operating charges +€943
up €943 (+81.9%), from €1,151 to €2,094
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,403 | €94,172 | +€10,770 | +12.9% |
| Fixed assets | 21/28 | €1,677 | €1,481 | -€196 | -11.7% |
| Tangible fixed assets | 22/27 | €1,677 | €1,481 | -€196 | -11.7% |
| Furniture and vehicles | 24 | €1,436 | €1,327 | -€108 | -7.5% |
| Other tangible fixed assets | 26 | €242 | €154 | -€87 | -36.2% |
| Current assets | 29/58 | €81,725 | €92,691 | +€10,965 | +13.4% |
| Amounts receivable within one year | 40/41 | €2,328 | €7,673 | +€5,345 | +229.6% |
| Trade receivables | 40 | €2,328 | €7,673 | +€5,345 | +229.6% |
| Cash at bank and in hand | 54/58 | €79,398 | €85,018 | +€5,620 | +7.1% |
| Total equity and liabilities | 10/49 | €83,403 | €94,172 | +€10,770 | +12.9% |
| Equity | 10/15 | €56,891 | €70,371 | +€13,480 | +23.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,891 | €69,371 | +€13,480 | +24.1% |
| Amounts payable | 17/49 | €26,512 | €23,802 | -€2,710 | -10.2% |
| Amounts payable within one year | 42/48 | €26,512 | €23,802 | -€2,710 | -10.2% |
| Trade debts | 44 | €8,386 | €20,345 | +€11,959 | +142.6% |
| Suppliers | 440/4 | €8,386 | €20,345 | +€11,959 | +142.6% |
| Taxes, remuneration and social security | 45 | €3,323 | - | -€3,323 | |
| Remuneration and social security | 454/9 | €3,323 | - | -€3,323 | |
| Other amounts payable | 47/48 | €14,803 | €3,456 | -€11,346 | -76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €343 | €480 | +€137 | +39.8% |
| Other operating charges | 640/8 | €1,151 | €2,094 | +€943 | +81.9% |
| Gross operating margin | 9900 | €58,401 | €84,506 | +€26,104 | +44.7% |
| Operating profit (loss) | 9901 | €56,907 | €81,932 | +€25,025 | +44.0% |
| Financial income | 75/76B | €12 | €287 | +€275 | +2248.6% |
| Recurring financial income | 75 | €12 | €287 | +€275 | +2248.6% |
| Financial charges | 65/66B | €1,301 | €2,303 | +€1,003 | +77.1% |
| Recurring financial charges | 65 | €1,301 | €2,303 | +€1,003 | +77.1% |
| Profit (loss) for the period before taxes | 9903 | €55,619 | €79,916 | +€24,297 | +43.7% |
| Income taxes | 67/77 | €1,582 | €31,435 | +€29,853 | +1886.7% |
| Profit (loss) for the period | 9904 | €54,037 | €48,480 | -€5,556 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,037 | €48,480 | -€5,556 | -10.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.